Filing Flows › Parker-Hannifin (PH) › Q3 FY25
Parker-Hannifin (PH) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 6, 2025
Parker-Hannifin (PH) reported revenue of $5.0B for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and +5% from the quarter before. Operating margin was 22.3%, net earnings $962M (19.4% of revenue).
Parker-Hannifin, Q3 FY25: revenue $5.0B (-2% year over year), operating margin 22.3%, net earnings $962M, operating cash flow $630M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0B | +5% | -2% |
| Operating profit | $1.1B | +12% | +7% |
| Net earnings | $962M | +1% | +32% |
| Operating cash flow | $630M | -33% | -21% |
| Free cash flow | $542M | -33% | -24% |
What changed
Revenue was $5.0B in Q3 FY25, down 2% year over year and up 5% from the previous quarter. Diversified Industrial was the largest line at 68% of revenue. Diversified Industrial lost $0.28B year over year (down 8%), 242% of the total change.
Operating profit was $1.1B, a 22.3% margin (up 2.0 points year over year). Total costs fell 5% while revenue fell 2%. Net earnings were $1.0B, up 32% year over year. The effective tax rate was 3.3%.
Operating cash flow was $0.63B (down 21% year over year), 65% of net earnings. Non-cash charges added back $0.22B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.58B. Capital expenditures of $0.09B left free cash flow of $0.54B.
Questions
What was Parker-Hannifin's revenue in the third quarter fiscal 2025?
Parker-Hannifin (PH) reported revenue of $5.0B for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and +5% from the quarter before.
Was Parker-Hannifin profitable in the third quarter fiscal 2025?
Operating profit was $1.1B (22.3% of revenue) and net earnings $962M.
Source: Parker-Hannifin 10-Q on SEC EDGAR.